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Global 500

Courtesy of Cardinal Health

35

Cardinal Health

CAH

U.S.

Cardinal Health, a drug wholesaler that also makes gloves and surgical apparel, has been shoring up its future earnings through a series of strategic acquisitions, development of its alternate care business, and promotion of its specialty drug assets. In late 2015 the company acquired Cordis, naviHealth, and Harvard Drug; it spent much of 2016 integrating them, with a 19% increase in annual revenue to show for it. The company’s pharmaceutical segment endured ongoing profit pressures for generics and the loss of a major customer but lessened the blows with new drug launches and sales growth; its medical segment grew because of acquisitions. The partnerships and purchases are a way for Cardinal Health to snag a greater share of the medical products sold to hospitals, physicians, and ambulatory centers. The company was founded in 1979 and is headquartered in Dublin, Ohio.

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CEO

George S. Barrett

Sector

Wholesalers

Industry

Wholesalers: Health Care

HQ Location

Dublin, OH

Years on Global 500 List

20

Employees

37,300

Figures are for fiscal year ended June 30, 2016.
Cardinal Health is also featured in these fortune lists
Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$121,54618.5%
Profits ($M)$1,427.017.4%
Assets ($M)$34,122
Total Stockholder Equity ($M)$6,554
Profit Ratios
Profit as % of Revenues1.2%
Profits as % of Assets4.2%
Profits as % of Stockholder Equity21.8%
STOCK QUOTE
()0.00 0.00 (0)
  • Previous Close:
  • Market Cap: NaNB
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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  • Dividend Yield: n/a

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